3 months on rocket

516 Gross Rd, London, KY, 40741

$124,900

Home List Price

$1,483*

Closing Credit

3 Bedrooms
2 Full Baths
House

Location

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516 Gross Rd, London$124,900

Buyer Closing Credits

$1,483*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built2006
HeatingElectric, Space Heater(s)
CoolingElectric, Window Unit(s)
MLS #24019340
Lot Size1.40 Acres
StatusActive

About 516 Gross Rd

Looking for some rental properties to add to your rental portfolio?This property features two mobile homes. 1st home is 516 it consists of 3 bedrooms, 2 baths with a finished sunroom, front and back covered porches, also several storage buildings and a carport shed. 2nd home is 302 it is 2bed 2bath, front and back covered porches, also features a barn and currently rented out! These properties are located at the end of its street.

Property Details

Property Features

Property Information:

  • Year Built: 2006
  • Stories: 1

Listing Office:

  • Office Name: WEICHERT REALTORS - Ford Brothers
  • Office Phone: (606) 878-7112

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Carpet, Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch

Lot Features

Lot Information:

  • Lot Size: 1.40 Acres

Utilities

Utilities Information:

  • Heating: Electric, Space Heater(s)
  • Cooling: Electric, Window Unit(s)

Other

Directions Information:

  • Directions: Coming from London take E Hal Rogers Parkway W KY-80 towards somerset follow for about 3.6 miles turn left onto Sinking Creek Rd in about 4miles turn right onto gross rd follow for about .5 to dead end homes are located on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $124,900

Tax Information:

  • Annual Amount: $83
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in London, KY.

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London, KY

City

Med. Sold Price

$225K

Med. Price/SqFt

$118

Avg. Days On Market

82

# of Sold Homes

19

516 Gross Rd vs London

96 DAYS ON ROCKET

+14 Days

$124,900

-$100.1K Less

KEY TAKEAWAY

This property is $100.1K less than the Median Sold Price in London, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24019340

Listing Office:

  • Office Name: WEICHERT REALTORS - Ford Brothers
  • Office Phone: (606) 878-7112

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 11:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 23, 2020Home Sold
$40,000

Tax History

YEARPROP. TAXASSESSMENT
2020 - $10,000
2019$83$10,000
2018$83$10,000
2017$83$10,000

History based on county public records data.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4506689
8
/10

  • Colony Elementary School

  • 3656 Somerset Rd

  • 3.15 miles

  • Public District Grades PK-5

school-card-donut-4506690
10
/10

  • Cold Hill Elementary School

  • 4012 W Laurel Rd

  • 3.88 miles

  • Public District Grades PK-5

school-card-donut-4506691
9
/10

  • Wyan-Pine Grove Elementary School

  • 2330 Keavy Rd

  • 5.40 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,329. The majority of London, KY residents have income between $35k-100k annually. Most families are married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 516 Gross Rd

What is the listing price of this property?

The listing price of 516 Gross Rd property is $124,900.

What type of property is this?

The property 516 Gross Rd is a house located in London, Kentucky, 40741.

Is this property for sale now?

Active Listing: 516 Gross Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $83 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 23, 2020 for $40,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 516 Gross Rd has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 516 Gross Rd is 2006.

Rocket Homes›Kentucky›Laurel County›London›40741›516 Gross Rd

This home is located at 516 Gross Rd in London, KY and zip code 40741. This home, which was built in 2006, sits on a 1.40 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $124,900.

In November 2024, from all listings sold in London, KY there were more than 1 sold above asking price, over 17 sold below and more than 1 were sold right at the asked price. The number of listings in London, KY increased by 1.4% between October 2024 and November 2024. While the average time on the market in November 2024 was 82 days, the median list price was $225,000.

From Rocket Homes Real Estate and based on county public records data.

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